NEWS

Nissan’s Infiniti Brand Sales Chief Leaves

8/26/2019

Karim Habib, who has headed design for Nissan Motor Co.’s Infiniti luxury brand, is leaving to pursue “other opportunities,” the company says.

Tesla to Accelerate Price Hikes in China?

8/26/2019

Tesla Inc. reportedly will raise prices on its electric cars in China this week rather than wait until September.

UPDATE: Trump Says China Talks Are On Again

8/26/2019

President Donald Trump capped a tumultuous weekend of escalation in the U.S. trade war with China early today by declaring that China has asked to resume talks.

Conti Ponders Plant Closures

8/26/2019

Continental AG reportedly may close as many as nine of its 32 powertrain factories and shed 4,000 jobs as part of a major restructuring effort.

Tesla Scouts Plant Sites in Germany

8/26/2019

Tesla Inc. reportedly has made initial inspections of at least two possible sites in Germany for a factory to make electric cars and battery packs.

Netherlands Opens Huge Bike Garage

8/23/2019

A new three-story bicycle garage in Utrecht, Netherlands, can accommodate 12,500 bikes, reportedly making it the largest such facility in the world.

VW Logo Returns to 2D Look

8/23/2019

Volkswagen AG will officially introduce a new two-dimensional version of its logo next month at the Frankfurt auto show.

Opel Plans EV Rally Car Series

8/23/2019

PSA Group's Opel unit plans to launch a rally car race series next summer that feature the upcoming all-electric variant of the Corsa small hatchback.

U.S. Fuel Prices Continue to Fall

8/23/2019

The average price of regular-grade gasoline in the U.S. ends this week at $2.60 per gallon, down 16 cents from a month ago and 24 cents from a year ago, AAA reports.

Fed Signals Rate Cut but Warns on Trade Wars

8/23/2019

Federal Reserve Chairman Jerome Powell implies that the central bank will cut interest rates next month but says uncertain trade policies make decisions tougher.